Free Daily Sectors Report: 21.Jun.2012
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rupeedesk
Jun 21, 2012, 10:18:31 AM6/21/12
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Free Daily Sectors Report: 21.Jun.2012
* AUTOMOBILE: The Tata Group is developing an electric car worth over 1 mln rupees in partnership with France 's Dassault Systemes.
* CAPITAL GOODS: The Prime Minister's Office has asked the power ministry to prepare a fresh Cabinet note on the issue of imposing duty on import of power equipment.
* DEFENCE: LARSEN & TOUBRO, TATA POWER, AND HCL consortium in race for 100-bln-rupee defence order.
* ECONOMY: India 's annual inflation rate based on the Consumer Price Index for Agricultural Labourers fell marginally to 7.77% in May from 7.84% a month ago.
* ELECTRICAL EQUIPMENT: The power ministry to soon move a Cabinet note proposing levy of 21% on imported power equipment.
* EXCHANGES: The BSE will suspend trading in 48 scrips from Jul 11 for non- compliance with provisions of listing norms.
* MEDIA: The government has extended the deadline for digitisation of analogue cable television network in metro cities until Oct 31 from Jun 30.
* METALS: ArcelorMittal is considering cutting more capacity in Europe to tackle overcapacity and shrinking demand in the region.
* PHARMACEUTICALS: American drug making company Merck has started talks with Micro Labs to acquire the company.
* POWER: The finance and power ministries are close to finalising a financial package for debt-ridden power distribution companies.
* REGULATORY: The Securities and Exchange Board of India in its board meet on Jun 26 is likely to discuss scrutinising all auditor qualifications of balance sheets of listed companies.
* TAXATION: Government has exempted 14 more items from services tax, taking the total tally of items in the negative list to 38.
* TELECOM: The Prime Minister's Office wants the Empowered Group of Ministers to take a decision on the 2G spectrum reserve price before Pranab Mukherjee exits as finance minister.
* TEXTILES: The textile ministry has raised the export target for the sector to $41 bln from $38 bln for 2012-13 (Apr-Mar).
* CAPITAL GOODS: The Prime Minister's Office has asked the power ministry to prepare a fresh Cabinet note on the issue of imposing duty on import of power equipment.
* DEFENCE: LARSEN & TOUBRO, TATA POWER, AND HCL consortium in race for 100-bln-rupee defence order.
* ECONOMY: India 's annual inflation rate based on the Consumer Price Index for Agricultural Labourers fell marginally to 7.77% in May from 7.84% a month ago.
* ELECTRICAL EQUIPMENT: The power ministry to soon move a Cabinet note proposing levy of 21% on imported power equipment.
* EXCHANGES: The BSE will suspend trading in 48 scrips from Jul 11 for non- compliance with provisions of listing norms.
* MEDIA: The government has extended the deadline for digitisation of analogue cable television network in metro cities until Oct 31 from Jun 30.
* METALS: ArcelorMittal is considering cutting more capacity in Europe to tackle overcapacity and shrinking demand in the region.
* PHARMACEUTICALS: American drug making company Merck has started talks with Micro Labs to acquire the company.
* POWER: The finance and power ministries are close to finalising a financial package for debt-ridden power distribution companies.
* REGULATORY: The Securities and Exchange Board of India in its board meet on Jun 26 is likely to discuss scrutinising all auditor qualifications of balance sheets of listed companies.
* TAXATION: Government has exempted 14 more items from services tax, taking the total tally of items in the negative list to 38.
* TELECOM: The Prime Minister's Office wants the Empowered Group of Ministers to take a decision on the 2G spectrum reserve price before Pranab Mukherjee exits as finance minister.
* TEXTILES: The textile ministry has raised the export target for the sector to $41 bln from $38 bln for 2012-13 (Apr-Mar).
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